Dorman (DORM) Kathleen Pacheco Withholds 201 Shares for Taxes
$DORM · Dorman Products, Inc.Research Summary
AI-generated summary of this SEC filing
Dorman (DORM) Kathleen Pacheco Withholds 201 Shares for Taxes
What Happened Kathleen Pacheco, President, Specialty Vehicle at Dorman Products (DORM), had 201 shares withheld by the company to satisfy tax withholding upon the vesting of restricted stock units (RSUs). The withholding was reported as a disposition under Section 16. The shares were valued at $129.66 each, for a total of approximately $26,062, on the transaction date of September 3, 2026.
Key Details
- Transaction date: 2026-09-03; Price per share: $129.66; Shares withheld/disposed: 201; Total value: ~$26,062.
- Transaction type: Tax withholding on vested RSUs (reported under code F — treated as a disposition).
- Footnote F1: Shares were withheld by the issuer upon RSU vesting to satisfy the Reporting Person’s tax withholding obligations; withholding is treated as a disposition under Section 16.
- Footnote F2: The filing notes the amount reported includes 49.66 shares acquired by the reporting person under Dorman’s employee stock purchase plan on June 30, 2026.
- Shares owned after the transaction: not specified in the provided filing excerpt.
- Filing: Report filed on 2026-09-08 for a 2026-09-03 transaction (filed 5 days later), which is later than the standard 2-business-day Form 4 deadline.
Context This was a routine tax-withholding event tied to RSU vesting, not an open-market sale or purchase. Such withholdings are standard corporate practice to cover tax liabilities and are reported as dispositions under Section 16; they do not necessarily indicate insider sentiment about the company’s stock.